Indonesia: Implementation of new measures on foreign direct investment for broadcasting
Description
Implementation of new measures on foreign direct investment for broadcasting
On 2 February 2021, Indonesia issued Presidential Regulation No. 10/2021. Under this regulation, Indonesia liberalized the foreign investment in the tv and radio broadcastings, newspapers, and news agency industries by allowing the foreign investment with a cap of a maximum of 20%. Prior to this regulation, foreign investors were banned to make investments in the media, pers, and news agency industries.
Original sourceScope
Policy Area
Foreign direct investment
Policy Instrument
MNE: Entry and ownership rule
Regulated Economic Activity
other service provider, other service provider, other service provider
Implementation Level
national
Government Branch
executive
Government Body
central government